Hudson Executive Investment Corp. (OTCMKTS:HECCU – Get Free Report)’s share price shot up 3.4% during trading on Thursday. The company traded as high as $9.20 and last traded at $9.00. 8,700 shares changed hands during trading, a decline of 80% from the average session volume of 44,486 shares. The stock had previously closed at $8.70.
Hudson Executive Investment Trading Up 3.4%
The business has a 50-day simple moving average of $9.00 and a two-hundred day simple moving average of $9.00.
About Hudson Executive Investment
Hudson Executive Investment is a special purpose acquisition company (SPAC) formed to identify and complete a business combination with an operating company. Its potential transactions may include a merger, acquisition, stock purchase, reorganization, or similar combination with one or more businesses.
Unlike an operating company, Hudson Executive Investment does not appear to offer its own products or services. Its activities are primarily focused on raising capital, evaluating prospective acquisition targets, and pursuing a transaction intended to establish a combined public company.
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